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TCS Falls 6% After Tata Sons Offloads Stake Via Block Deal

Tata Consultancy Services shares fell nearly 6 percent on Tuesday after a block Deal in opening trade. Reports suggest promoter Tata Sons may have offloaded stake in the company.

About 3.1 crore shares worth Rs 8,992 crore traded on NSE & BSE at an average price of Rs 2,892 through the block deal.

At 09:45 hours IST, the stock price was quoting at Rs 2,897.00, down Rs 155.15, or 5.08 percent amid heavy volumes on the BSE.

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TCS Falls 6% After Tata Sons Offloads Stake Via Block Deal

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